Jong and Yeng and Ors (No 2)

In *Jong and Yeng and Ors (No 2)*, Johnston J of the Family Court of Australia was required to make final property settlement orders between the husband and wife. The dispute concerned the division of various assets, including a property in New South Wales, credit card debt, and other property and superannuation interests.

The primary legal issue before the court was how to equitably distribute the parties' property and liabilities. This involved determining the appropriate allocation of a specific property, the discharge of a significant credit card debt, and the division of remaining assets and superannuation. The court also had to consider the timing and mechanism for the implementation of its orders.

Johnston J applied the principles of property adjustment under section 79 of the *Family Law Act 1975*. The court ordered that the wife pay the husband a sum of $66,500 and discharge the mortgage on a New South Wales property by a specified date. In the event of non-compliance, the wife was to sell the property, with the proceeds first used to discharge the mortgage, then to pay the wife's credit card debt of $28,000, and the balance to be divided 54.14% to the wife and 45.86% to the husband. The court further declared each party the sole owner of other property and superannuation in their possession. The orders were to commence operation from 15 August 2012, with provisions for relisting the proceedings for further submissions on the form of orders or for implementation.